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AVP, Tax

CarMaxRichmond, Virginia, United StatesFULL-TIME
Posted 1 week ago
M&A AdvisoryPrivate ClientIndirect / VATState & Local Tax
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Role description

From the employer

8901 - Corp Office West Crk - 12800 Tuckahoe Creek Parkway, Richmond, Virginia, 23238 CarMax, the way your career should be! The Assistant Vice President, Tax position is responsible for overseeing the Company’s Federal, State and local Tax function, including strategy, tax accounting, compliance, planning, audit management and tax-risk governance. The AVP is responsible for leading, recruiting, supervising, developing and mentoring the Tax team.

The AVP will be an essential business partner and leader across the CarMax organization, provide tax expertise to the organization and provide advisory services to senior management of the Company. This role reports to the Chief Accounting Officer & Controller.

###DUTIES### AND

###RESPONSIBILITIES### Lead and direct day-to-day tax operations to ensure accuracy, compliance and timeliness of tax filings and reports in all jurisdictions for all income, franchise, sales & use, and business personal property taxes. Oversee preparation and review of quarterly and annual income tax provisions in accordance with ASC 740, including deferred tax analysis, uncertain tax positions and accurate financial statement disclosures.

Lead, mentor and develop a high performing team of associates through timely performance feedback delivered during day-to-day observations, file reviews and annual performance reviews. Create individual development plans and business objectives designed to enhance and assist associate growth. Present complex tax issues, effective tax rate forecasts and strategies to senior management.

Ensure tax methods are established, executed, documented and disclosed with the objective of minimizing tax risk. This includes staying current on legislative developments, evaluating impacts on the Company, and implementation of new tax laws and regulations. Provide tax due diligence, structuring, and integration support for acquisitions, divestitures, and restructuring.

Analyze and communicate tax implications of new business initiatives, including new store openings, operational changes and strategic investments. Ensure compliance with tax-related internal controls over financial reporting / Sarbanes-Oxley 404. Act as a key liaison with external auditors for tax matters.

Identify opportunities for tax savings, improved tax efficiency and cash flow optimization. Oversee tax audits, lead negotiations and issue analysis with tax authorities, working with external advisors and legal counsel to resolve issues and ensure favorable outcomes. Serve as a stakeholder and participant in the enhancements to financial ERP system, automation solutions and other strategic technology projects, such as ERO / Modernization.

Partner with key internal stakeholders, including Corporate Accounting, Financial Reporting, Financial Planning and Analysis, Investor Relations, Legal and Treasury, Real Estate, and Explore New Growth, to provide tax insights and guidance on various business initiatives and ensure that tax considerations are integrated into financial reporting, corporate governance and strategic decision-making.

Serve as a key partner in developing and maintaining the strategic vision for the Accounting Department collaboratively with other senior leaders of the department. Responsible for attracting, retaining talented associates, and creating effective succession plans in collaboration with other senior accounting leaders.

###duties### as assigned QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The

###requirements### listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

###experience### including

###experience### in both public accounting and in-house

###experience### at a publicly traded company CPA, JD, LLM or Master’s degree strongly preferred Advance knowledge of ASC 740 and US federal and state tax concepts Expertise in corporate tax technology systems Computer skills: Microsoft Office (Excel, Word and PowerPoint) Work Location and Arrangement: This role will be based out of the CarMax Home Office in Richmond, VA and Associates will work onsite 4 days per week.

Work Authorization: Applicants must be currently authorized to work in the United States on a full-time basis. Sponsorship will not be considered for this specific role.

###experience### customers want and deserve. This innovative thinking around the way cars are bought and sold has helped us become the nation’s largest retailer of used cars, with over 250 locations nationwide. Our amazing team of more than 25,000 associates work together to deliver iconic customer experiences.

Along the way, we help every associate grow their career and achieve their best, at work and in their community. We are recognized for our commitment to training and diversity and are one of the FORTUNE 100 Best Companies to Work For®. Our Commitment to Diversity and Inclusion: CarMax is committed to bringing together people from different backgrounds and perspectives, providing employees with a safe, welcoming, and inclusive work environment.

equal opportunity

employer, and all qualified candidates will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, genetic information, national origin, protected veteran status, disability status, or any other characteristic protected by law. The annual salary for this position is: $212,200. 00 - $360,700.

00 May be eligible for bonus and equity. Benefits: Except as otherwise required by state law, CarMax Associates are entitled to the following paid sick, vacation, and holiday time. Associates that are considered full-time hourly or commission/incentive eligible: To earn up to 48 hours of sick time per year accrued on a per pay period basis and between 80 hours and 200 hours per year of vacation time after a 90 day waiting period depending on years of continuous service with the Company.

For 8 hours of pay for each of a total of 6 paid scheduled holidays per year plus 1 floating holiday. If such an Associate does work on a scheduled holiday due to business need, they are eligible for Holiday Premium Pay. Associates considered full-time salaried are entitled to paid time away with no specified limit as needed for sick, vacation, bereavement, jury duty, holidays, floating holiday, etc.

subject to manager approval.

###Benefits### website. Upon an applicant's request, CarMax will consider reasonable accommodation to complete the CarMax Job Application. CarMax disrupted the auto industry by delivering the honest, transparent and high-integrity

###experience### customers want and deserve. This innovative thinking around the way cars are bought and sold has helped us become the nation’s largest retailer of used cars, with over 200 locations nationwide. Our amazing team of more than 25,000 associates work together to deliver iconic customer experiences.

Along the way, we help every associate grow their career and achieve their best, at work and in their community. We are recognized for our commitment to training and diversity and are one of the FORTUNE 100 Best Companies to Work For®.

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